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Indiana House Ag to hear HB 1193 to establish 10% tax credit for farm building insulated curtains on 1/25/11 January 25, 2011

Posted by Laura Arnold in 2011 Indiana General Assembly, Uncategorized.
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Posting Time:01/20/2011 12:00 PM

 Agenda for : House Agriculture and Rural Development Committee

Tuesday, January 25, 2011

8:30 AM EST

Room 156-C, State House, Indianapolis, IN

Chairman : Lehe

Vice-Chair : Bacon

Members :

Baird, Davisson, Friend, Frye, Gutwein, Knollman.

Pflum R.M.M., Battles, Cheatham, Goodin, Grubb.

Hearing :

HB 1386 Commercial feed certification. (Lehe, Baird)

HB 1387 Commodity market development councils. (Lehe, Baird)

HB 1193 Tax credit for farm building insulated curtains.(Lehe)

Digest: Tax credit for farm building insulated curtains. Provides a tax credit against state tax liability for expenditures by a farmer for insulated curtains installed in a farm building located in Indiana. Provides that the amount of the tax credit is 10% of the cost of the insulated curtains and associated installation costs.

NOTE: The insulated curtain must have an R-value of at least three (3). 

HB 1091 Exempt farm drainage components from sales tax.(Gutwein, Cherry)

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